TRUSTCO BANK
TrustCo Bank, officially known as TrustCo Bank Corp. NY, is a commercial bank established in the United States with a rich history dating back to the early 20th century. The bank's origins trace back to February 17, 1902, when it was chartered as the first trust company in Schenectady, New York, following the purchase of assets from the Schenectady Bank. Initially named the Schenectady Trust Company, it opened its doors for business on June 9, 1902, with 11 employees and initially garnered deposits amounting to $762,578.11. Among the notable individuals associated with the bank during its early days were Charles P. Steinmetz of General Electric and Union College fame, who was a major depositor, and Samuel M. Hamill of General Electric, who served as the first President of the Schenectady Trust Company. To Read Core Details Of TrustCo Bank In short CLick Here.
There's a discrepancy in the information regarding the founding year of TrustCo Bank; while one source mentions the establishment year as 1902, another suggests that TrustCo Bank was founded on January 1, 1925, as the Canajoharie Building, Savings, and Loan Association.
Headquartered in Glenville, New York, TrustCo Bank has significantly expanded its operations over the years. The bank currently operates 146 branches spread across five states: New York, Florida, Massachusetts, New Jersey, and Vermont, aligning with its mission to provide high-quality services at low cost to the communities it serves.
On a regulatory front, TrustCo Bank is a member of the Federal Deposit Insurance Corporation (FDIC), holding the FDIC Certificate Number 31945, which assures the safety of depositors' funds up to permissible limits. In terms of routing numbers, the bank utilizes the routing number 021300912 for customers in New York, Vermont, Massachusetts, and New Jersey, while Florida customers use the routing number 063192450 for their transactions. Here is the list of TrustCo Bank Routing Numbers CLick Here.
TrustCo Bank's banking policy emphasizes being the low-cost provider of high-quality services to its customers, underlining a community-centric approach that caters to the financial needs of the regions it operates in.
TRUSTCO BANK INFORMATION
| Bank Name | TrustCo Bank |
|---|---|
| Headquarters | 1 Sarnowski Drive, Glenville, New York 12302 |
| Bank Class | Savings & Loan Association |
| CEO | Robert J. McCormick |
| Bank FDIC | Certificate #31945 |
| Swift Code | TRNANANXXXX |
| Atm's | 55000 |
| Location | 143 Branches in 5 states |
| Routing Number | Click Here |
| President | Robert J. McCormick |
| Customer Service | 1 (800) 670-3110 |
| Credit Card Support | 1 (800) 670-3110 |
| Number of Employees | 844 |
| ISIN | US8983492047 |
| Area Served | Essex and Fulton counties of New York, Essex, Hudson, Morris, and Passaic counties of New Jersey, Lee, Marion, Pasco, Pinellas, St. Johns, St. Lucie, and Sumter counties of Florida |
| Key People | Robert J. McCormick (President, CEO), Robert T. Cushing (Executive Vice President, CFO), Scot R. Salvador (Executive Vice President, Chief Banking Officer), Eric W. Schreck (Senior Vice President, Florida Regional President) |
| Website | https://www.trustcobank.com/ |
TRUSTCO BANK ROUTING NUMBERS
The Trustco Bank routing number is 063192450 for Florida customers and 021300912 for all other states.
TRUSTCO BANK SWIFT CODE TRNANANXXXX DETAILS
A SWIFT code, also known as a BIC (Bank Identifier Code), is a standard format for uniquely identifying banks globally, especially during international transactions. It comprises 8-11 characters. The first 4 characters represent the bank's code, the next 2 denote the country, followed by 2 for the city. The remaining characters (which are optional) specify the bank's branch. This system ensures secure and efficient cross-border transfers. For instance, when sending money overseas, one would need the recipient's bank SWIFT code. It acts as an address that tells where to send the money, ensuring funds reach the correct institution.
TRUSTCO BANK
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Country code A-Z
2 letters representing the country the bank is in.
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Location code 0-9 A-Z
2 characters made up of letters or numbers. It says where that bank's head office is.
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Branch Code 0-9 A-Z
3 digits specifying a particular branch. 'XXX' represents the bank’s head office.
TRUSTCO BANK IN STATES
HISTORY OF TRUSTCO BANK
Below is a list of some important events in banks history, including mergers and acquisitions.
| DATE | EVENT |
|---|---|
| 01-01-1925 | Institution established. Original name: Canajoharie Building, Savings and Loan Association. |
| 04-01-1997 | Changed Chartering Agency to Ots. |
| 04-01-1997 | Changed Organization Type to Mutual Savings Bank. |
| 04-01-1997 | Changed Primary Federal Regulatory Agency to Ots. |
| 04-01-1997 | Changed Institution Name to Landmark Community Bank. |
| 07-30-1997 | Changed Organization Type to Stock Savings Bank. |
| 08-24-1998 | Main Office moved to 211 Erie Boulevard, Canajoharie, NY 13317. |
| 07-28-2000 | Changed Institution Name to TrustCo Savings Bank. |
| 11-15-2002 | Acquired Trustco Bank, National Association (662) in Glenville, NY. |
| 11-15-2002 | Changed Institution Name to TrustCo Bank. |
| 11-15-2002 | Main Office moved to 1 Sarnowski Drive, Glenville, NY 12302. |
| 07-21-2011 | Changed Primary Federal Regulatory Agency to Occ. |
